Lee Sees ETH Surpassing $10,000 Within 12 Months Amid Institutional Rotation

Tom Lee, Co-Founder and Head of Research at Fundstrat Global Advisors, believes Ethereum (ETH) has significant upside potential in the next 12 months. He thinks ETH could trade well above $10,000 within this timeframe.

In an interview, Lee mentioned that most institutions still have little or no crypto exposure, setting up what he called a 'huge rotation' in the fourth quarter.

Lee also argued that Ethereum remains dominant in tokenization, with major firms like JPMorgan and BlackRock building largely on Ethereum. He cited this as evidence of ETH's potential for significant price growth.